Stocks · Industrials · Photographic Equipment & Supplies

IMAX CORP

IMAX Clue Score68
Ontario, Canada Fiscal year ends December CIK 0000921582
$51.70 +1.77% Close, 12 Oct 2026
Price $51.70 +147.84% Close, 12 Oct 2026

Closing prices at the end of each trading day, from 13 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2016Revenue377.3Operating income58.6Net income28.8EPS, diluted0.42Fiscal year 2017Revenue380.8 +0.9%Operating income31.4Net income2.3 −91.9%EPS, diluted0.04Fiscal year 2018Revenue374.4 −1.7%Operating income45.2Net income22.8 +874.6%EPS, diluted0.36Fiscal year 2019Revenue395.7 +5.7%Operating income77.3Net income46.9 +105.2%Fiscal year 2020Revenue137.0 −65.4%Operating income−121.8Net income−143.8 −406.8%EPS, diluted−2.43Fiscal year 2021Revenue254.9 +86.0%Operating income11.0Net income−22.3EPS, diluted−0.38Fiscal year 2022Revenue300.8 +18.0%Operating income−4.8Net income−22.8EPS, diluted−0.40Fiscal year 2023Revenue374.8 +24.6%Operating income50.4Net income25.3EPS, diluted0.46Fiscal year 2024Revenue352.2 −6.0%Operating income43.9Net income26.1 +2.9%EPS, diluted0.48Fiscal year 2025Revenue410.2 +16.5%Operating income84.2Net income34.9 +33.8%EPS, diluted0.63
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 377.3 380.8 374.4 395.7 137.0 254.9 300.8 374.8 352.2 410.2
Growth +0.9% −1.7% +5.7% −65.4% +86.0% +18.0% +24.6% −6.0% +16.5%
Operating income 58.6 31.4 45.2 77.3 −121.8 11.0 −4.8 50.4 43.9 84.2
Net income 28.8 2.3 22.8 46.9 −143.8 −22.3 −22.8 25.3 26.1 34.9
Growth −91.9% +874.6% +105.2% −406.8% +2.9% +33.8%
EPS, diluted 0.42 0.04 0.36 n/a −2.43 −0.38 −0.40 0.46 0.48 0.63

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2016Gross margin53.7%Operating margin15.5%Net margin7.6%Free cash flow margin16.6%Fiscal year 2017Gross margin48.7%Operating margin8.3%Net margin0.6%Free cash flow margin16.1%Fiscal year 2018Gross margin55.5%Operating margin12.1%Net margin6.1%Free cash flow margin25.8%Fiscal year 2019Gross margin54.1%Operating margin19.5%Net margin11.8%Free cash flow margin21.0%Fiscal year 2020Gross margin15.7%Operating margin−88.9%Net margin−104.9%Free cash flow margin−17.3%Fiscal year 2021Gross margin52.7%Operating margin4.3%Net margin−8.8%Free cash flow margin1.0%Fiscal year 2022Gross margin52.0%Operating margin−1.6%Net margin−7.6%Free cash flow margin3.0%Fiscal year 2023Gross margin57.2%Operating margin13.4%Net margin6.8%Free cash flow margin13.9%Fiscal year 2024Gross margin54.0%Operating margin12.5%Net margin7.4%Free cash flow margin17.7%Fiscal year 2025Gross margin60.0%Operating margin20.5%Net margin8.5%Free cash flow margin29.0%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Gross margin 53.7% 48.7% 55.5% 54.1% 15.7% 52.7% 52.0% 57.2% 54.0% 60.0%
Operating margin 15.5% 8.3% 12.1% 19.5% −88.9% 4.3% −1.6% 13.4% 12.5% 20.5%
Net margin 7.6% 0.6% 6.1% 11.8% −104.9% −8.8% −7.6% 6.8% 7.4% 8.5%
Free cash flow margin 16.6% 16.1% 25.8% 21.0% −17.3% 1.0% 3.0% 13.9% 17.7% 29.0%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2016Operating cash flow77.9Capital expenditure−15.3Free cash flow62.6Buybacks0.0Fiscal year 2017Operating cash flow85.4Capital expenditure−24.1Free cash flow61.2 −2.2%Buybacks−46.1Fiscal year 2018Operating cash flow110.0Capital expenditure−13.4Free cash flow96.6 +57.8%Buybacks−71.5Fiscal year 2019Operating cash flow90.4Capital expenditure−7.4Free cash flow83.0 −14.1%Buybacks−2.7Fiscal year 2020Operating cash flow−23.0Capital expenditure−0.7Free cash flow−23.7 −128.6%Buybacks−36.6Fiscal year 2021Operating cash flow6.1Capital expenditure−3.6Free cash flow2.5Buybacks−13.9Fiscal year 2022Operating cash flow17.3Capital expenditure−8.4Free cash flow8.9 +259.5%Fiscal year 2023Operating cash flow58.6Capital expenditure−6.5Free cash flow52.1 +485.9%Fiscal year 2024Operating cash flow70.8Capital expenditure−8.4Free cash flow62.4 +19.7%Fiscal year 2025Operating cash flow127.1Capital expenditure−8.2Free cash flow118.9 +90.5%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow 77.9 85.4 110.0 90.4 −23.0 6.1 17.3 58.6 70.8 127.1
Capital expenditure −15.3 −24.1 −13.4 −7.4 −0.7 −3.6 −8.4 −6.5 −8.4 −8.2
Free cash flow 62.6 61.2 96.6 83.0 −23.7 2.5 8.9 52.1 62.4 118.9
Growth −2.2% +57.8% −14.1% −128.6% +259.5% +485.9% +19.7% +90.5%
Buybacks 0.0 −46.1 −71.5 −2.7 −36.6 −13.9 n/a n/a n/a n/a

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2016Cash204.8Total debt27.3Net cash (debt)177.4Shareholders’ equity562.0Debt to equity0.05Fiscal year 2017Cash158.7Total debt25.4Net cash (debt)133.4Shareholders’ equity527.7Debt to equity0.05Fiscal year 2018Cash141.6Total debt37.8Net cash (debt)103.8Shareholders’ equity512.2Debt to equity0.07Fiscal year 2019Cash109.5Total debt18.2Net cash (debt)91.3Shareholders’ equity547.7Debt to equity0.03Fiscal year 2020Cash317.4Total debt305.7Net cash (debt)11.7Shareholders’ equity394.0Debt to equity0.78Fiscal year 2021Cash189.7Total debt2.5Net cash (debt)187.2Shareholders’ equity356.1Debt to equity0.01Fiscal year 2022Cash97.4Shareholders’ equity263.4Fiscal year 2023Cash76.2Shareholders’ equity273.1Fiscal year 2024Cash100.6Shareholders’ equity299.5Fiscal year 2025Cash151.2Shareholders’ equity337.9
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 204.8 158.7 141.6 109.5 317.4 189.7 97.4 76.2 100.6 151.2
Total debt 27.3 25.4 37.8 18.2 305.7 2.5 n/a n/a n/a n/a
Net cash (debt) 177.4 133.4 103.8 91.3 11.7 187.2 n/a n/a n/a n/a
Shareholders’ equity 562.0 527.7 512.2 547.7 394.0 356.1 263.4 273.1 299.5 337.9
Debt to equity 0.05 0.05 0.07 0.03 0.78 0.01 n/a n/a n/a n/a

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Balance sheet

In millions of USD, except per-share figures; shares in millions. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2016 31 Dec 2016 FY2017† 31 Dec 2017 FY2018 31 Dec 2018 FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Assets
204.8 158.7 141.6 109.5 317.4 189.7 97.4 76.2 100.6 151.2
96.3 130.5 93.3 99.5 56.3 110.1 136.1 136.3 107.7 108.1
42.1 30.8 44.6 43.0 39.6 26.9 31.5 31.6 32.8 32.5
245.4 276.8 280.7 306.8 277.4 260.4 252.9 243.3 240.1 242.9
39.0 39.0 39.0 39.0 39.0 39.0 52.8 52.8 52.8 45.8
857.3 866.6 873.6 889.1 997.8 883.2 821.2 814.7 830.4 894.0
Growth +1.1% +0.8% +1.8% +12.2% −11.5% −7.0% −0.8% +1.9% +7.7%
Liabilities
27.3 25.4 37.8 18.2 305.7 2.5 n/a n/a n/a n/a
calc 27.3 25.4 37.8 18.2 305.7 2.5 n/a n/a n/a n/a
230.8 263.0 274.2 246.0 533.0 452.9 491.4 469.1 452.2 466.3
Equity
−47.4 −87.6 −85.4 −40.3 −202.8 −235.0 −293.1 −292.8 −274.7 −240.0
562.0 527.7 512.2 547.7 394.0 356.1 263.4 273.1 299.5 337.9
Growth −6.1% −3.0% +6.9% −28.1% −9.6% −26.0% +3.7% +9.6% +12.8%
Per share and net cash
calc 177.4 133.4 103.8 91.3 11.7 187.2 n/a n/a n/a n/a
66.2 64.7 61.4 61.2 58.9 58.7 54.1 53.3 52.9 53.9
calc 8.49 8.16 8.34 8.95 6.69 6.07 4.86 5.13 5.66 6.27

† The diluted share count jumps at 2017, so per-share figures either side of that column are not comparable. Usually a split, but the break lands on the restatement boundary rather than on the split date, because every column is that period’s latest filing.

Lines marked calc are worked out here from filed figures; point at one for how.